- Business
- KBC Global Limited operates as a real estate development company in India, focusing on the construction, development and sale of residential and commercial properties; it also undertakes civil contracting projects including infrastructure works. The company offers residential projects such as 1BHK, 2BHK, 3BHK and 4BHK apartments, twin bungalows and row houses under brands like Hari Sanskruti, Indira Nagar and Coronation Point; commercial offerings include shops and offices in key Nashik locations including Nashik Road, Deolali Camp, Gangapur Road and Mumbai Highway. Its civil contracting segment encompasses eight projects across Nashik, Pune, Shahpur, Buldhana and Goa, providing business support services and allied activities to the real estate sector. Founded in 1994 and headquartered in Nashik, Maharashtra, the company formerly known as Karda Constructions Limited changed its name to KBC Global Limited and primarily serves domestic markets in western India. In recent developments, KBC Global plans to raise up to Rs 100 crore through equity issuance including preferential allotments and warrants as approved in an October 2024 board meeting to repay debts and support growth; it fulfilled payment obligations to Capri Global Capital Ltd in September 2024, securing a favorable MOU that waived non-financial penal interest and reduced outstanding debt to Rs 13.50 crore.